Sir Philip Green offers Topshop store to pension fund

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Sir Philip Green has agreed to inject an extra 25m into Arcadia’s pension fund ahead of a crucial vote to secure the future of the retail giant. Sir Philip must get the backing of the Pensions Regulator before creditors vote on his plan to save the group which owns Topshop, Topman and Burton.

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Sir Philip Green has been told to use his own money to fund the pension scheme for his embattled retail empire. MP Frank Field, chair of the Work and Pensions Committee, wrote to Sir Phillip asking him to replicate the funding he provided when a "similarly grim situation arose for BHS pension scheme members".

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Sir Philip Green has offered to give his flagship Topshop store on London’s Oxford Street as security to the group’s troubled pension funds as he tries to push through a restructuring.

Sir Philip Green offers 250 million for BHS pensions The Jewish billionaire offers to help plug the ex-retail store’s deficit, following its collapse in April 2016 November 3, 2016, 3:10 pm Edit

Another headache for Sir Philip Green as Topshop tycoon now faces court battle to get Arcadia store closure plan over the line. US landlord Vornado has filed a legal challenge against Arcadia.

Sir Philip Green has agreed to inject an extra 25m into Arcadia’s pension fund ahead of a crucial vote to secure the future of the retail giant. Sir Philip must get the backing of the Pensions Regulator before creditors vote on his plan to save the group which owns Topshop, Topman and Burton.

Topshop and Topman Oxford Circus Sir Philip Green has offered to give his flagship Topshop store on London’s Oxford Street as security to the group’s troubled pension funds as he tries to push through a restructuring.

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SIR PHILIP Green has been ordered to inject another 50million into the pension fund of his Arcadia group as his retail empire hinges on the verge of collapse. Express. Home of the Daily and.

Since June, Sir Philip. Topshop stores in the country. Green appears to have bought some time to turn the business around after agreeing to inject almost £400 million ($500 million) into the.